Insurance News from August 01, 2018
National News
FEMA Grows Its Flood Reinsurance Plan with $500 Million Cat Bond
The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for...
Insurers Being Asked About Asbestos-Talcum Exposure After J&J $4.6 Billion Verdict
U.S. Appeals Court Takes Up American Family Agent/Employee Classification Case
S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters
Judges Issues Temporary Halt to Distributing Plans to Make 3-D Guns
International & Reinsurance News
S&P Probes If Reinsurers Are Ready for Another Year of Active Natural Disasters
After global insured natural catastrophe losses hit record highs in 2017, will...
East News
Five Vermont Counties Get Disaster Declarations for May Storms
President Donald Trump has approved a disaster declaration for five Vermont counties...
West News
California Commissioner Asks Insurers to Help Speed Wildfire Recovery Efforts
California Insurance Commissioner Dave Jones announced on Wednesday he is taking...
Southeast News
Commentary: How Florida’s Flood Insurance Model Could Work Nationwide
While Congress works on various reforms to the National Flood Insurance Program (NFIP),...
Texas / South Central News
TWIA Board OKs Additional $106.8M Insurer Assessment for Harvey Losses
The Texas Windstorm Insurance Association (TWIA) board has unanimously approved an...
Midwest News
U.S. Appeals Court Takes Up American Family Agent/Employee Classification Case
A federal appeals court in Ohio on July 31 heard arguments by opposing attorneys in a...